Stay up to date with the latest news and updates from the tanks and terminals industry.
Net withdrawals of natural gas from storage totalled 2264 billion cubic feet from November 2021 to March 2022 – the highest winter natural gas withdrawal since the winter of 2017 – 2018.
The Steel Tank Institute/Steel Plate Fabricators Association presented McDermott's storage business, CB&I, with safety awards in three categories during its annual meeting in New Orleans, US.
Fintan Duffy, Managing Director of Re-Gen Robotics, was presented with the Outstanding Achievement Award at the 5th Global Tank Storage Awards 2022 in Rotterdam, the Netherlands.
PIS has signed an MoU with PT Badak NGL for the development of the LNG sector in Indonesia, which is a growing area of business.
StocExpo, a platform for the tank storage industry, recently made its return with over 150 exhibitors and thousands of visitors.
Samsung Engineering and Technip Energies have received a pre-FID engineering contract for the Texas LNG project in Brownsville, Texas, US.
The earlier announced partnership, Aegis Vopak Terminals Ltd, has been successfully completed.
India is expected to drive the liquids storage projects count in Asia, contributing approximately 40% of the region’s total liquids storage projects count from 2022 to 2026.
TotalEnergies has announced the signing of a Sale and Purchase Agreement with Hanwha Energy Corp. for the supply of 600 000 tpy of LNG over 15 years, starting in 2024.
CB&I and Korea Gas Corp. have signed an MoU to explore the development of large-scale liquid hydrogen storage to support Korea's Hydrogen Economy Roadmap.
McDermott's storage business, CB&I, was presented with two Field-Erected Tank of the Year awards by the Steel Tank Institute/Steel Plate Fabricators Association during its annual meeting in New Orleans, US.
PEC Ltd has been awarded new contracts valued at around S$80 million for EPC and mechanical works in various projects.